News by State

Cannabis store burglaries on the rise in Denver

The number of break-ins at Denver marijuana stores hit a three-year high in 2019. Five robberies and 122 burglaries were reported to the Denver Police Department last year. In 2018, marijuana businesses reported one robbery and 120 burglaries, according to the Denver Post. Last September, Denver police warned of an increase in burglaries of marijuana […]

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Bills would legalize adult-use marijuana in New Mexico

Proposed legislation in New Mexico would legalize recreational cannabis sales in the state. Cities and counties could not opt out, even if they don’t approve of adult-use cannabis sales, under the proposed bills, although they would retain control with local zoning restrictions and hours of operations for the retailers. Under mirror legalization bills filed in […]

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Oregon cannabis sales soar along Idaho border

Marijuana sales in Oregon near the Idaho border are 420% the statewide average, according to a report by the Oregon Office of Economic Analysis. The report also showed stronger marijuana sales for Washington state along its border with Idaho in 2019 than along its borders with Oregon or Canada. State economist Josh Lehner said that […]

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Week in Review: US lawmakers call for more marijuana research, some Cresco Lab employees in IL unionize, Trulieve addresses short sellers & more

U.S. lawmakers and experts tell a congressional panel that the federal government needs more cannabis research, some marijuana employees in Illinois vote to unionize, Trulieve refutes a short-seller report – and more of the week’s top MJ business news.   What’s the role of expanded marijuana research in federal reform? With strong bipartisan support, lawmakers […]

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Washington state marijuana group wants its legislation withdrawn

The Washington CannaBusiness Association (WACA) on Friday requested that legislation it proposed last September to create a cannabis social equity fund be withdrawn for consideration this year. WACA requested the withdrawal of two bills: One called for removing barriers to capital for minority business owners. The other sought to eliminate a residency requirement for potential investors […]

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Recent decisions on tax fines offer ray of hope for cannabis industry around burdens of IRS’ 280E

The U.S. Supreme Court’s decision this week not to consider a Colorado Supreme Court ruling on a tax fine – coupled with dissenting opinions in a recent case involving a California medical marijuana company – could have significant ramifications for the cannabis industry, according to tax experts. Left standing by the U.S. Supreme Court was […]

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Tilt changes cannabis ‘management and loan’ practices in Massachusetts

Tilt Holdings, a Massachusetts-based marijuana company being investigated for allegedly trying to control more than the state-allowed three cannabis stores, has backed off the practices that got it into trouble with authorities. The Cannabis Control Commission noted in an investigative report that Tilt “has agreed with regulators to scrap the management and loan contracts it had […]

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Marijuana tech firm Fyllo buys Denver’s CannaRegs for $10 million

Chicago-based Fyllo, a digital marketing firm that focuses on the cannabis industry, on Friday said it has agreed to pay $10 million to acquire Denver-based CannaRegs. CannaRegs provides a web-subscription service and technology platform that offers access to state and municipal cannabis rules and regulations. In February, the company said it secured a $2 million […]

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AR rejects sale of medical cannabis licenses for unopened stores

Arkansas regulators nixed the sale of two medical marijuana dispensary licenses, displeased that the owners didn’t take significant efforts toward opening the operations. The Arkansas Medical Marijuana Commission unanimously voted to reject the sale of Pine Bluff Agriceuticals and Arkansas Patient Services, according to Arkansas Business. Commissioner Travis Story argued that allowing license holders to […]

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Rhode Island governor proposes adult-use marijuana in budget

Rhode Island Gov. Gina Raimondi is proposing to legalize recreational cannabis, despite opposition from legislative leaders. Her annual budget proposal would create an adult-use MJ program controlled by the state. The first marijuana stores would open in March 2021. Under the Democratic governor’s plan, the state would: Determine the location of retail facilities. Control inventory […]

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High Times plans to open first cannabis stores, hires president

Iconic marijuana publication High Times on Thursday announced plans to open its first cannabis retail stores, in Las Vegas and Los Angeles, as part of its diversifying strategy. High Times said it will enter those markets by acquiring retailers that are licensed there. The deals are subject to regulatory approval. The Los Angeles-based company plans […]

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